Thursday, February 01, 2007

Nicaragua and me; A Brief History





I first started looking at real estate in Nicaragua 5 0r 6 years ago. It seemed a bit unstable, but getting better and I didn't have the money. 20/20 hindsight and I would have figured out a way to get the money. Real Estate has been steadily going up and it has plenty of room to grow. So years later, I'm hearing more and more about Nicaragua and real estate in the US, which has been mostly kind to me , looks to be flattening and after a little research, I decide to go and see it for myself. It was an eye-opening experience. It is the 2cnd poorest country in the Western hemisphere, which the US bears a substantial amount of responsibility. It is the largest and least densely populated country in Central America. It is beautiful and has many sights to see. Granada and Leon both vie for the oldest European cities in the Americas. Nicaragua was the first mainland Columbus hit which explains the last bit. It is a very cool country. Not tempeture-wise, it is quite uncool. Update--We, the Carr-Danniells family and Charles Lee, have purchased land in Los Congos, a development with amazing potential. It is located in Laguna de Apoyo, amazing already, nature made it that way. All located 20 minutes from Granada, cool colonial town, on Lake Nicaragua, the tenth largest lake on the planet. We go back tommorrow to finalize the deal and to plan our building. If all goes well we will be in Nicaragua for the next 5 or so years, building and renovating, selling and renting. We are still looking for more partners, at various levels of commitment. If interested, let me know.

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